Price for Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria

Price for Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria (CIF) - 2023

The average import price for chain; articulated link, roller, of iron or steel stood at $9,367 per ton in October 2023, declining by -36.3% against the previous month. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 72% against the previous month. The import price peaked at $18,462 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($22,019 per ton), while the price for India ($600 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $6,591 per ton in 2022, growing by 3.3% against the previous year. Over the period under review, the export price showed a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices attained the maximum at $9,814 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($13,380 per ton), while the average price for exports to Serbia ($2,728 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria

In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Bulgaria soared to 805 tons, growing by 39% against the year before. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $9.6M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Bulgaria in 2022:

1. China (494.1 tons)
2. Taiwan (Chinese) (60.7 tons)
3. Germany (58.1 tons)
4. Japan (34.2 tons)
5. Italy (29.1 tons)
6. Vietnam (27.6 tons)
7. France (23.8 tons)
8. Ireland (13.1 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Bulgaria

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Bulgaria surged to 246 tons, picking up by 45% on the previous year. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 244%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of chain; articulated link, roller, of iron or steel soared to $1.6M in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Bulgaria in 2022:

1. Turkey (171.0 tons)
2. Italy (49.3 tons)
3. Serbia (18.0 tons)

Source: IndexBox Market Intelligence Platform